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October 21, 2025
Childcare Regulation and Affordability
AbstractIn recent decades, childcare costs have outpaced family incomes and put pressure on familybudgets. Legislators typically consider government subsidies to be the primary solution to risingcosts, despite the high cost of broadly subsidizing care and possible adverse effects on familiesand children. Yet policymakers have paid little attention to how existing regulations limit childcaresupply and increase…